hey guy's
Find the amount and compound interest:
P= RS.20,000
R= 5% OF PA
T= 2 YEARS?
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Step-by-step explanation:
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Formula: C.I.=P(1+r/100)^T
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Solution:
=20000(1+5/100)^2
=20000((100+5)/100)^2
=20000×21/20×21/20
=20000×441/400
=50×441
=22050
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Answer:₹22050
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Hope it helps u.....
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